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Rev. Proc. 2020-8: Applications for tax-exempt status must be filed electronically

Rev. Proc. 2020-8: Applications for tax-exempt status

The IRS today released an advance version of Rev. Proc. 2020-8 to provide that electronic submission of Form 1023, “Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code” will be the exclusive means for submitting applications for tax-exempt status on Form 1023.

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Rev. Proc. 2020-8 [PDF 48 KB] is effective January 31, 2020, but provides that paper versions of Form 1023 applications will continue to be accepted for 90 days after that effective date. 

A related IRS release—IR-2020-25—explains that the instructions for Form 1023 [PDF 519 KB] also have been revised, and that the required user fee for Form 1023 will continue to be $600 for 2020.

 

For more information, contact a tax professional with KPMG’s Washington National Tax practice:

Ruth Madrigal | +1 202 533 8817 | ruthmadrigal@kpmg.com

Preston Quesenberry | +1 202 533 3985 | pquesenberry@kpmg.com

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